fxstraderomi

EUR/AUD - Buy on dips to 1.5

Long
OANDA:EURAUD   Euro / Australian Dollar
Upward sloping 5-DMA, 10-DMA, 50-DMA
Nice rising bottom formation
Bullish 100-DMA & 200-DMA crossover
Bullish day end close yesterday above 1.4998
The technical set up clearly favors buy the dip trade

Buy around 1.5, Objective 1.227-1.5250 Stops below 1.4950

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